MicroStrategy co-founder and executive chairman Michael Saylor recently criticized Warren Buffett's Berkshire Hathaway's cash management strategy during an interview with the PBD Podcast.
Saylor emphasized the inefficiency of Berkshire's $325 billion cash reserves, arguing that this amount can generate at most a 3% after-tax return while facing a 15% capital cost. According to Saylor, this results in a negative real yield of 12%, equating to an annual loss of $32 billion in shareholder value.

Microstrategy, especially under Saylor's leadership, strongly advocates for adopting Bitcoin as a financial asset. Saylor believes that BTC has unique advantages, such as preventing inflation and currency devaluation, and encourages companies with excess cash reserves to consider it as part of their financial strategy. However, he acknowledges that each business has unique financial objectives, risk tolerances, and regulatory considerations, making universal advice impractical.
Saylor speculated that even traditionalists like Warren Buffett could be persuaded to accept Bitcoin. He quoted Buffett's late business partner Charlie Munger during the podcast: "I bet that if I were alone with Buffett in a quiet environment for an hour, by the time I walked out, he would say Bitcoin is a good idea. Charlie (Munger) would like it. We should buy some." (Bitcoin.com)